The biggest cryptocurrency exchange in the world, Binance, has pulled out of its buyout of FTX, its largest competitor, after corporate due diligence. The “Prince of Risk” Sam Bankman has lost quite a big bet here. This story singles out some of the worst characteristics of the crypto market: Interconnectedness and the systemic danger it brings: FTX and Alameda’s dangerous interconnection, with FTX creating FTT tokens out of thin air…